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CATHY HUGHES, Founder
Washington, D.C. – Mayor Adrian Fenty has signed off on a real estate deal that provides $22 million in grants and incentives to the project developer and will bring Radio One’s headquarters back to the nation’s capital where it was founded 28 years ago. While the move from Lanham, Md., where Radio One occupies several floors of a golden glass suburban office building alongside a beltway exit ramp some 12 miles outside of the city, will not save Radio One any money, it will give the urban legend a new coat of luster and perhaps an emotional jolt that the financially troubled operation could use.
Radio One will not own any part of the development, but will be among the many operations that lease space in the project near Howard University. It will include office space, retail and, possibly, some residential space. Fenty said bringing Radio One back to the District was “a huge priority for my administration” and referred to the development as a “catalytic project.” It is unclear when construction on the massive $144 million project will begin.
Radio One, Inc. (www.radio-one.com) is the nation’s seventh largest radio broadcasting company (based on 2006 net broadcast revenue) and the largest radio broadcasting company that primarily targets African-American and urban listeners. Pro forma for recently announced transactions, Radio One owns and/or operates 60 radio stations located in 19 urban markets in the United States.
Additionally, Radio One owns Magazine One, Inc. (d/b/a Giant Magazine) (www.giantmag.com), interests in TV One, LLC(www.tvoneonline.com), a cable/satellite network programming primarily to African-Americans and Reach Media, Inc(www.blackamericaweb.com), owner of the Tom Joyner Morning Show and other businesses associated with Tom Joyner. Radio One also operates the only nationwide African-American news/talk network on free radio and programs “XM 169 The POWER,” an African-American news/talk channel, on XM Satellite Radio.
Source: Radio & Records
The Style Network is casting for hairstylists and salons to appear in Split Ends season three, the series where two hairstylists swap shops.
To submit, send an email to castingsplitends@gmail.com with the following information: a recent photo, brief bio about yourself including a description about your hairstyling career, telephone numbers, where you are located, and details about your salon and its atmosphere. Also copy TwinsTalent in the email: Twinsworld1@aol.com.
For info about the show visit the official Split Ends page.
Good Luck!
MahoganyMEDIA.com 